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Global Power Semiconductors Markets 2021 with Focus on New SiC and GaN Materials and Fabrication News provided by Share this article Share this article DUBLIN, May 28, 2021 /PRNewswire/ The Power Semiconductors: Markets, Materials, Technologies report from The Information Network has been added to ResearchAndMarkets.com s offering. This report analyzes and forecasts the worldwide markets of power semiconductors by type, geographic region and application. The market by substrate type also focuses on new SiC and GaN materials and fabrication.  A power semiconductor device is used as a switch (controlling power on or off) or rectifier (converting AC to DC) in power electronics, for example, in frequency conversion home appliance, EVs, EV chargers, welding inverter, industrial robots, etc. As of 2019, Power semiconductors was a US$41bn global market, or c.10% of global semiconductor market size.

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